Industry News – September 22nd, 2016

Curated fashion industry news links for Thursday, September 22nd, 2016…

REBECCA MINKOFF PUTS VIRTUAL MIRROR INTO SHOPPERS HANDS – ChainStoreAge
“The specialty retailer is inching closer to this title as it brings its store-level smart mirror experience into its shoppers hands through a new app. Specifically, the app from Zeekit allows consumers to virtually “try on” fashions before buying online or trying them on in-store.”

NORDSTROM SHIFTS RESPONSIBILITY — IS IT GOOD? – Forbes
“Once again there has been a shift in management at Nordstrom. Co-presidents Erik Nordstrom and Blake Nordstrom have changed some of their responsibilities. In addition, Ken Worzel, EVP of strategy and development, has been elevated to president of Nordstrom.com.”

LOFT TEAMS UP WITH WRITER JESSI KLEIN FOR COMEDY SHORTS – PRNewswire
“LOFT, the brand known for its versatile, everyday essentials, optimistic brand spirit and support of women in comedy, is partnering with award-winning writer and comedian Jessi Klein for two comedy shorts, which debut today. Klein wrote and stars in the shorts, which spoof relatable fashion struggles loosely inspired by her real life.”

INDITEX’S UNIQUE FAST-FASHION MODEL DELIVERS MORE BREAKNECK GROWTH – TheWallStreetJournal
“Inditex SA, the retailer behind the Zara fast-fashion chain, said Wednesday that a combination of more-efficient stores and its continued push into online sales lifted profit in the first half of the year, setting itself further apart from struggling competitors.”

RALPH LAUREN IS WORKING ON A MEMOIR – TheCut
“Ralph Lauren is currently writing a memoir that’s set to be released in fall 2017, just in time for the 50th anniversary of his legendary fashion house.”

WHAT INSTANT GRATIFICATION RETAIL MEANS FOR HOLLYWOOD – Pret-a-Reporter
“Immediacy is the new currency; buzz is built in minutes, not months; and the value of a person, product or brand can be quantified and monetized through followers and impressions, all developments that have the power to change image building in media, advertising and on the red carpet.”